Fixed Asset System Selection Consulting

There are many fixed asset depreciation, tracking and maintenance modules available in today’s market space.  Selecting the correct option for your business can be an extremely overwhelming and daunting task to take on.  Regardless of if your upcoming fixed asset management project is mid-scale or extremely large and complex, our consultants at Fixed Asset Consulting can assist you with your selection, ensuring that all of your needs are met.

Through extensive multi-department discovery, we will recommend a solution (or a couple) that will not only meet your depreciation and tracking needs, but improve (and automate) your entire fixed asset workflow.  The outcome of our fixed asset system selection service?  It will ensure that your choice will be the most beneficial and efficient one, and that it will grow with you as your fixed asset needs grow.

Things to Consider When Selecting a Fixed Asset Management Solution

  • Which departments are internally responsible for fixed assets?  IT, Accounting, Facilities, Maintenance, etc.
  • Will you be tracking Federal Tax, State (multi) and AMT calculations along with your Internal / GAAP? Do you have separate Tax and Finance departments? Is your Tax outsourced?
  • Will you be conducting a physical inventory of your fixed assets?
  • How many capital projects do you have in a year?
  • Do you have a large number of Leased Assets?
  • Is there an approval process internally for fixed asset activities? i.e. disposals and transfers
  • Will you want automated integration from Accounts Payable (AP) or Purchase Order (PO)?

These are just a few factors that should always be thought of and discussed internally prior to choosing the right fixed asset solution.

Call us today at (541) 338-7898 to schedule a free 30 minute consultation to discuss your upcoming fixed asset system selection process and how we can best assist you.